46. What is the current statutory liquidity ratio (SLR) for banks in India?
a) 18%
b) 21%
c) 24%
d) 27%
Answer: c) 24%
47. Money market mutual funds (MMMFs) are required to invest a minimum percentage of their assets in money market instruments.
a) True
b) False
Answer: a) True
48. Which of the following money market instruments is issued at a discount to face value?
a) Treasury bills
b) Commercial papers
c) Certificate of deposit
Answer: a) Treasury bills
49. The securities market regulator in India is:
a) RBI
b) SEBI
c) IRDAI
d) PFRDA
Answer: b) SEBI
50. The regulation of money market activities in India is primarily aimed at:
a) Ensuring fair market practices
b) Protecting investor interests
c) Promoting transparency and efficiency
d) All of the above
Answer: d) All of the above